Where to buy Gold Bars in Sg?

[Euqorab]

I have this interest in at least stocking up some physical gold but so far, I have been restricting myself to bullionstar with small purchases.

I also wonder how to verify whether its real gold or the purity when it's sealed in air-tight plastic.

I am also interested in maybe buying some gold jewellery from pawnshops like maxi-cash or money max but inam unfamiliar with knowing whether it is worth it or not, or how to tell whether it is a good jewellery.

Buy from reputable ones

 

[Euqorab]

goto rws n mbs
they hv self dispensing gold machines

https://luxurylaunches.com/other_stuff/singapore-gets-its-first-gold-vending-machine.php

Premium prices should be Gao Gao

 

[Ethan_]

Depends on what you want to do with the gold. I will prefer to just buy from banks, where there is a liquidity bid on the gold they sell to you. Bid offer is not small, but at least u have a bid when you need to sell.

Think decorative ones got the 设计and手工费 bah. Straight bullion ones are just plain gold bar, no?

 

[Euqorab]

Think decorative ones got the 设计and手工费 bah. Straight bullion ones are just plain gold bar, no?

Bullion ones are default designs

workmanship fee some time the gold jewellers might wave for you

 

[Zorroh]

If want to buy, better buy fast as prices should be going up.

https://www.scmp.com/business/china...cord-breaking-run?module=live&pgtype=homepage

 

[Darkshadows]

in case of in case of crisis, gold is useless. Cause everyone is after . Food, water, weapons, med, way to make electricity. These are the things that will matter in crisis. You cant eat money or crypto and you will be starving within a week.



that where homestead and pepper come in which is very very lagging in SG

with this food (first picture) easily last a yr

Wow you into doomsday prep?

 

[Hisashiburi]

Hmm seems gold per gram in Korea costs about 10% less than in Sg.

But Korea gold bar is from their local refineries n not pamps/creditsuisse

 

[The_King]

Wow you into doomsday prep?

more like if there great offer like maybe 1 frozen chicken (800gram type) for $1, i can buy 100kg and pressure canning them.

 

[YYCole]

To furthermore add on, I think the above bbfas talked about spread and what have you, is it because UOB has thinner spread?

from UOB website now sell PAMP 1 oz bar is $2,629 and buyback is $2,533. Meaning if you buy and sell back immediately, bank earns $96

compear to Gold Silver Central sell $2,668 and buy back is $2,523, they earn $145 immediately if you buy and sell back immediately https://www.goldsilvercentral.com.sg/shop/buy-gold/pamp-suisse-gold-bar-1oz/

now that I do this simple home work, buy from UOB main branch better

but however, the prices quoted above are spot prices and can change in milliseconds

disclaimer: do not believe in what I say thanks

Yes gold prices change in milliseconds, but the bid offer they quote you is wide enough for them to not always change the price. Just for reference, bid offer on XAU, is less than 1 dollars per oz!

Just like the money changer at Arcarde, they dont really change the bid offer price even when the FX keeps moving around as their spread is wide enough to buffer the fx moves

 

[Johnpierpontmorgan]

ya. need to get some to prop my sofa up...
it's too low


Read HWZ Forum Rules!

999 is soft metal.. buibui cannot use that to stack la

 

[YYCole]

You mean the main branch at Raffles Place?

yup

 

[YYCole]

Think decorative ones got the 设计and手工费 bah. Straight bullion ones are just plain gold bar, no?

yup./ thats why its a function what u intend to do w the gold. If its just a storage of value, why pay extra for the decoration

 

[fs_lim]

Want to buy gold then just buy gold loh...why buy simi rabbit gold leh.

 

[Euqorab]

Yes gold prices change in milliseconds, but the bid offer they quote you is wide enough for them to not always change the price. Just for reference, bid offer on XAU, is less than 1 dollars per oz!

Just like the money changer at Arcarde, they dont really change the bid offer price even when the FX keeps moving around as their spread is wide enough to buffer the fx moves

Thanks
That new knowledge to me
We learn new thing every day in edmw

 

[StoicGuy]

UOB sell

I think you can't break the seal if you intend to sell back to them.

I bought a gold coin from them years ago...

 

[Shion]

anyone bought gold from mustafa before ?

 

[firsttimebuyer]

anyone bought gold from mustafa before ?

I have thought of going to the gold shops at little india and Mustafa but scared of getting ripped off.

This kind of thing, really need someone to guide along.

 

[blackie83]

Little India got sell. Can buy thick thick one.

 

[Laneige]

Where do u recommend to buy physical gold bars in sg?

Thinking of getting small ones with Rabbit Year branding

Tks!

Bullion is those from reputable ones like PAMP, Australian Mint, Credit Susie etc etc… usually designs are fixed and consistent over many many years, but they have side series like Lunar Zodaic collections like the rabbit I shared in linked just early

decorative ones just decorative ones

Wa credit sussie
Nearly forgot

so now buy from where better
UOB ok?
Now like going to be second peak
Buy now don’t know sensible or not but tiagong this yr gold is gd prospect wor

n ppl say buy real gold in case papers one also cui

 

[Laneige]

anyone bought gold from mustafa before ?

Only know they in the media before say the gold not pure or lack is it

if wana buy n keep don’t buy those gold ba
Buy the bullion etc kind